BACK BAY RETAIL CONDOMINIUM FOR SALE 495 BEACON STREET BOSTON, MA ±5,372 SF OF PRIME RESTAURANT SPACE
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1 BACK BAY RETAIL CONDOMINIUM FOR SALE 495 BEACON STREET BOSTON, MA ±5,372 SF OF PRIME RESTAURANT SPACE
2 2 Boston Realty Advisors
3 EXECUTIVE SUMMARY Boston Realty Advisors is pleased to offer for sale 495 Beacon Street, an exceptional opportunity to acquire an at-grade, brick-and-beam retail condominium at the intersection of the Back Bay and Cambridge. 495 Beacon Street is a rare opportunity for an owner occupier or investor to acquire a wellpositioned asset in a highly competitive Back Bay market. The location of this asset provides investors with the coveted Beacon Street address without the high price tag of Back Bay properties. The +/- 5,372 square foot brick-and-beam condominium unit is situated on deep floor plates between two floors and a lower level. The interior presents a welcoming vibe due to the wide plank wood floors, exposed brick features and overhead wood beams. 495 Beacon Street offers buyers an astounding ability to be upgrade the unit to truly uncover the natural potential of the space. Additionally, the exterior frontage presents remarkable signage opportunity to project the buyers brand in a high foot and car traffic area. 495 Beacon Street is an ideal opportunity for buyers to take advantage of a significantly underutilized space located within one of the United States most desirable retail markets. 495 Beacon Street 3
4 LOCATION OVERVIEW 495 Beacon Street is located at the lively intersection of the Back Bay and Cambridge, and is considered Boston s Cambridge Connection. This high traffic junction set within both a residential and commercial area is sure to provide any new restaurant with immediate visibility to both vehicle and foot traffic alike. 495 Beacon Street is positioned within a stable tourist and local population, and will continue to thrive due to the recent development surge in the Back Bay. The expansion of The Shops at Prudential Center and the world renowned shopping destinations on Newbury Street provide a huge number of visitors to this area of the city year-round. The Cambridge Connection over the Mass Ave Bridge provides a large collegiate population at Harvard University and MIT, with thousands of students traveling into Back Bay and taking advantage of all that it has to offer. Kenmore Square is located just west of the property and attract thousands of visitors to Fenway Park, the new Fenway retail and residential development, and students to Boston University. CAMBRIDGE CONNECTION TO COLLEGIATE POPULATION MIT 4,512 undergraduate students and 6,807 graduate students Harvard 6,700 undergraduate students and 14,500 graduate students MASSACHUSETTS AVE 28,433 ADT The ideally located urban restaurant gem at 495 Beacon Street offers a strong presence in one of the city s most multifaceted neighborhoods. 4 Boston Realty Advisors
5 50% OF ALL HOTEL ROOMS IN BOSTON ARE IN THE BACK BAY PRUDENTIAL CENTER STORROW DRIVE BEACON STREET NEWBURY STREET HYNES CONVENTION CENTER 200,000+ visitors MASSACHUSETTS AVENUE BERKLEE COLLEGE OF MUSIC MASS PIKE 103,917 ADT NEWBURY STREET KENMORE 495 Beacon Street 5
6 KEY INVESTMENT DRIVERS PERMITTED RESTAURANT SPACE ON-GRADE ENTRANCE CAMBRIDGE CONNECTION BUILT-OUT KITCHEN SPACE
7 SIGNAGE OPPORTUNITY BRICK-AND-BEAM INTERSECTION OF BACK BAY & CAMBRIDGE HIGH BARRIER-TO-ENTRY MARKET
8 PROPERTY DETAILS Address 495 Beacon Street, Boston, MA Condominium Unit C-One Condominium SF Basement First Floor Second Floor Total ± 1,667 SF ± 2,235 SF ± 1,470 SF ± 5,372 SF 8 Boston Realty Advisors
9 495 Beacon Street 9
10 FLOOR PLANS 10 Boston Realty Advisors
11 SECOND FLOOR ± 1,470 SF OUTLINE OF LEASER SPACE BEOW BAR AREA CLOSET WOMEN'S CLO. BEACON STREET FIRST FLOOR ± 2,235 SF CLO. BAR AREA FREEZER (LOCKED) MEN'S WOMEN'S KITCHEN BASEMENT ± 1,667 SF OUTLINE OF LEASER SPACE ABOVE OFFICE FREEZER (LOCKED) SHELVING SHELVING 495 Beacon Street 11
12 2 2A TRANSPORTATION & ACCESS CENTRAL Minutes from Cambridge, Storrow Drive and the Massachusetts Turnpike Close proximity to multiple MBTA T stops on both the Green and Red Lines Steps away from MBTA Buses #1, #19, #55, #57, #60, and #65 BABCOCK STREET 6.4 miles from Logan International Airport PACKARDS CORNER SAINT PAUL ST HARVARD AVE LLSTON ST PLEASANT ST BACK BAY GRIGGS ST COMMUTER TRENDS 2% Other BU CENTRAL BU WEST SAINT24.5% MARY S 24.5% HAWES ST BU EAST BLANDFORD ST KENMOR 90 YAWKEY FENWAY KENT ST SAINT PAUL ST5.9% N ST B F COOLIDGE CORNER SUMMIT AVE/WINCHESTER ST ASHINGTON SQUARE APPAN ST 43.1% LONGWOOD BRANDON HALL FAIRBANKS ST M FI WENTWORTH FIELD BROOKLINE VILLAGE LONGWOOD MEDICAL AREA BRIGHAM CIRCLE MISSION PARK RIVERWAY 9 12 Boston Realty Advisors BROOKLINE HILLS BACK OF THE HILL HEATH ST ROXB CROS
13 NORTH STATION SCIENCE PARK HAYMARKET KENDALL/MIT BOWDOIN CHARLES/MGH LONGFELLO W BRIDGE STATE ST DOWNTOWN CROSSING SS MA Bo st o n Commons BOYLSTON AVE GE BRID Public Garden RE R NO RT EV SOUTH STATION EL YN ARLINGTON HE MO AK 93 CHINATOWN COPLEY 495 BEACON STREET HYNES CONVENTION os PARK ST AQUA re e e K enned y G nway GOVERNMENT CENTER TUFTS MEDICAL CENTER 90 BACK BAY HERALD ST PRUDENTIAL Back Bay Fens SYMPHONY NORTHEASTERN MUSEUM OF FINE ARTS BURY SSING BROADWAY E.BERKELEY ST MASS AVE WORCESTER SQ MASS AVE RUGGLES 93 UNION PARK ST NEWTON ST 1 3 LENOX ST 28 MELNEA CASS BOULEVARD ANDREW DUDLEY SQUARE UPHAMS CORNER Beacon Street 13
14 MICHAEL A. D HEMECOURT Managing Director & Sr Partner mdhemecourt@bradvisors.com WHITNEY GALLIVAN Managing Director & Partner wgallivan@bradvisors.com CHRISTOPHER J. DONATO Associate Director cdonato@bradvisors.com JAIME A. RUSSELL Associate jrussell@bradvisors.com 745 Boylston Street Boston, MA (T) (F) BRAdvisors.com Copyright Boston Realty Advisors. All rights reserved. The information contained here has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.
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